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Author Question: Interdependent decision making on price, quality, or advertising is characteristic of a. perfect ... (Read 78 times)

jazziefee

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Interdependent decision making on price, quality, or advertising is characteristic of
 a. perfect competition
  b. monopolies
  c. oligopolies
  d. monopolistic competition
  e. both oligopolies and monopolistic competition

Question 2

Rent seeking reduces our economy's overall efficiency by
 a. getting government to adopt legislation that actually reduces production
  b. disseminating market information
  c. lowering taxes
  d. getting voters more interested in politics
  e. reducing equity



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Meganchabluk

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Answer to Question 1

C

Answer to Question 2

A




jazziefee

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


coreycathey

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Reply 3 on: Yesterday
:D TYSM

 

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